Business

New Ford CEO makes first big management change

Mark Fields appointed Kumar Galhotra president of the Lincoln line effective Sept. 1. Galhotra, currently Ford’s vice president of engineering, takes up the task from Jim Farley to turn around Lincoln, where sales have fallen 65 percent from a 1990 peak.

Business

Home construction activity in Kansas City area remains steady

The Home Builders Association of Greater Kansas City said in its latest monthly survey that 359 permits for single-family homes were issued last month, up from 333 in June 2013. That was the busiest June since 2007, and continues a recent trend of strong building activity. Additionally, more permits were issued through June for apartments and other multi-family units than in any six-month period since 2001.

New restaurants, bars give new life to Kansas City's Westport

A dozen locally owned restaurants and bars — some that had their pick of locations all over town — have opened in the last few months or are planning to join the lineup. Westport hasn’t seen so many new tenants in such a short span for nearly two decades.

New restaurants, bars give new life to Kansas City's Westport

A dozen locally owned restaurants and bars — some that had their pick of locations all over town — have opened in the last few months or are planning to join the lineup. Westport hasn’t seen so many new tenants in such a short span for nearly two decades.

Today's Market

A one-stop shop for dorm decor

Jeff Gawronski founded DormCo.com four years ago with a business model that takes a few pages from Amazon’s playbook. DormCo carries about 4,500 products, including comforters, lamps and other lights, futons, loungers, benches and other seating, and customized products such as lofted beds.

A one-stop shop for dorm decor

Jeff Gawronski founded DormCo.com four years ago with a business model that takes a few pages from Amazon’s playbook. DormCo carries about 4,500 products, including comforters, lamps and other lights, futons, loungers, benches and other seating, and customized products such as lofted beds.

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Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Today's Circulars

Business

Business

Delta 2Q profit rises 17 percent

Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.

Business

UMB Financial earnings climb 15.8 percent

The banking company said it earned $34.7 million, or 76 cents a share, in April, May and June, compared with $29.9 million, or 74 cents a share, in the same months a year ago. Profits rose from an increase in loans and from a gain in non-interest income, which includes fees and other sources.